SPDR Gold Shares (NYSEARCA:GLD) Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC lifted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 55,707 shares of the exchange traded fund’s stock after purchasing an additional 708 shares during the quarter. Level Four Advisory Services LLC’s holdings in SPDR Gold Shares were worth $13,489,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Vertex Planning Partners LLC increased its position in shares of SPDR Gold Shares by 8.6% during the 4th quarter. Vertex Planning Partners LLC now owns 2,797 shares of the exchange traded fund’s stock valued at $677,000 after purchasing an additional 222 shares during the period. Orion Portfolio Solutions LLC boosted its position in shares of SPDR Gold Shares by 24.9% in the fourth quarter. Orion Portfolio Solutions LLC now owns 11,915 shares of the exchange traded fund’s stock worth $2,885,000 after buying an additional 2,373 shares during the period. Tepp RIA LLC purchased a new stake in SPDR Gold Shares in the 4th quarter worth approximately $759,000. Broadway Wealth Solutions Inc. purchased a new stake in shares of SPDR Gold Shares during the 4th quarter worth about $262,000. Finally, Blair William & Co. IL lifted its stake in SPDR Gold Shares by 2.9% in the fourth quarter. Blair William & Co. IL now owns 170,588 shares of the exchange traded fund’s stock valued at $41,304,000 after acquiring an additional 4,834 shares during the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $281.97 on Friday. The stock has a 50-day simple moving average of $266.95 and a 200 day simple moving average of $252.39. The stock has a market capitalization of $84.76 billion, a PE ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a twelve month low of $203.87 and a twelve month high of $284.19.

About SPDR Gold Shares

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).